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Thursday, April 23, 2009
US Dollar Collapse: Crash Alert. RMK.v, CGH.to, TNR.v, SNU.v, GBN.v, BTT.v, MGN, FVI.v, OK.v, ASM.v, EPZ.v, FST.v, RVM.to, SBB.v, HUI, XAU, GDX, GDL
at 3:56 PM
On weekly chart we have again serious Crash Alert. Inverted Hammer is forming - strong Bearish Candle, MACD is still at Sell, Slow STO neutral - trend continuation, RSI turning Down, bearish flag formed with recent mumbling around 84-86 levels. Next week will be crucial for resolution of this pattern. Fundamentals are slowly making its way to the trades desks. Gold is above 900 USD/oz in Party anticipation.0 Comments:
